tax breaks

One of the few thin­gs that President Obama and Mitt Romney are likely to agree on when they debate next week is the need for tax reform. Both candidates have backed streamlining America’s crazy-quilt tax code, and both have said that reforms could boost economic growth. Meanwhile, two key...

Here's what I don't get about House Majority Leader Eric Cantor quitting the budget talks because he opposes any tax increases: Nearly every conservative budget plan out there -- including the Ryan plan -- embraces a fiscal scenario in which taxes consume a greater share of GDP than they do today....